E-Gobrecht, vol. 7, no. 9

The E-Gobrecht

The Electronic Newsletter of the LIBERTY SEATED COLLECTORS CLUB

Liberty Seated
Collectors Club

2011 Volume 7, Issue 9

September 20 1 1 (Whole # 80)

Auction News
by Jim Gray

2,

14

Seated Panderings &
More

by Paul Kluth

3

Exhibitors Wanted!

3

LSCC meeting notes
continued

4

Regional News
by Gerry Fortin

5

The Budget Collec-
tor: Seventieth in a
Series

by Len Augsburger

6,

13

Quarter of the Month
by Greg Johnson

7,

9,

13

New half dollar book
available

8

Results of the LSCC
benefit auction

10

John McCloskey’s
handout at the club
meeting

11

Miscellaneous ANA
Photos

12

LSCC Calendar

14

Reflection of the sale
of Dick’s Halves by

14

Advertisements

15

Club information

16

Randy Wiley into the LSCC Hall of Fame
Gerry Fortin wins the Ahwash Award
Greg Johnson wins E-Gobrecht Award!

Over forty members and guests attended the LSCC annual meeting on August
18, 201 1 at the ANA’s Chicago (Rosemont) World’s Fair of Money. President
John McCloskey called the crowded and noisy room to order at 9 AM by wel-
coming everyone.

The LSCC Treasurer/Secretary, Len Augsburger, presented his summary
of the club’s finances and announced we are fiscally solvent. Complete details
will be in the next Gobrecht Journal. John McCloskey summarized the club’s
old business with details of the status of Gobrecht Journal Collective Volume
#(5; in short, the printer is having problems with loss of past issues and John is
working the issue. Len Augsburger then briefly discussed Dennis Fortier’s con-
cept of a club medal. Len asked for a show of hands of interested purchasers
assuming a $60 silver medal; the room was filled with raised hands.

President McCloskey then discussed the Kamal M. Ahwash award and
stated Gerry Fortin, who won the award, was in China and not able to attend.
Bill Bugert accepted the award for Gerry and will present it to him at the No-
vember Baltimore meeting. Bill Bugert then gave background on the LSCC
Hall of Fame and announced the 201 1 Inductee — Randy Wiley. Randy also
was unable to attend so Bill Bugert accepted the award for Randy and will pre-
sent it to him at the November Baltimore meeting. Congratulations to Gerry
and Randy!

(Continued on page 4)

The E-Cobrecht is a twice award winning informal electronic publication of the Liberty Seated Collectors Club (LSCC).
The LSCC is a non-profit organization dedicated to the attributions of the Liberty Seated Coin series. The LSCC pro-
vides the information contained in this email newsletter from various sources free of charge as a general service to
the membership and others with this numismatic interest. You do not have to be a LSCC member to benefit from this
newsletter; subscription to the E-Gobrecht is available to anyone. All disclaimers are in effect as the completeness
and/or accuracy of the information contained herein cannot be completely verified. Contact information is included at
on the last page.

Page 2

The E-Gobrecht

Auction News

by Jim Gray, LSCC #664

The Heritage Coin Auction,
Platinum Night, the Stack’ s-
Bowers ANA Sale and Rarities
Night contained so many rele-
vant Seated coins that if all of
them were described. Auction
News would be 10 pages long.

The Heritage Auction featured an 1840-0
half dime with drapery in MS61 that was well struck
and attractive for $5,463. An 1839 no drapery half
dollar in MS61 that was well struck and nicely toned
sold for $7,475, while a natural gray 1870-CC half
dollar in VG 10 hit $3,220. A deep gray 1873 no ar-
rows open 3 in VF30 went for $7,475.

An 1872-CC dollar in FI 5 with L-Y visible
sold for $3,738, while an original gray 1878-CC
trade dollar in XF45 hit $4,025.

Platinum Night featured an 1872-CC dime in
AU55 and tied for the best certified at NGC. This
was definitely a generous grade in that OF AME was
missing but the coin still sold for $16,100.

An 1855-S quarter in PR64, and thought to be
the first quarter struck at the San Francisco Mint,
soared to $276,000, while an 1891-0 in PR62, and
one of two known, hit $18,400.

An 1839 no drapery half dollar in MS61, with
nice toning but very weak on the left side of the re-
verse, managed $8,050. An 1852-0 half in MS63
with lovely toning sold for $9,775, while an 1855-S
in AU58, but with streaky toning, still hammered for
$16,100. An 1855-S in PR65, despite a stain at star
13, and a twin to the 1855-S PR quarter, also realized
$276,000. An 1870-CC in XF40 with a typical soft
strike did not sell, but a well struck 1871-CC in
AU58 went for $15,525. A bright white 1878-CC in
AU58 sold for $10,465.

An 1878-CC trade dollar in AU58 with
lovely toning hammered for $12,070.

The Stack’s-Bowers ANA Sale featured a
large number of the rare Carson City dimes. The re-
sults were as follows: 1871-CC, VGIO, $2,875;

1872- CC, VGIO, no sale; 1872-CC, XF45, $10,350;

1873- CC, VGIO, $4,313; 1873-CC VF20, $4,313;

1874-CC, G6, $10,350; 1874-CC, F12, $12,650.

A nice 1849-0 quarter in AU50 sold for
$7,820, while an 1870-CC in VG8 and choice for the
grade hit $11,213.

An 1852 original dollar with environmental
damage and AU details did not sell, while an 1871-
CC with VF/XF details but with surface damage hit
$4,313. An 1873-CC with XF details but filed rims
managed $8,050.

The Rarities Night featured the fabulous
Seated half dollar collection of club member Dick
Osburn. This collection contained some the finest
half dollars and many were purchased from the Pryor
and Noblet Sales.

The highlights contained the following:
1840-0 reverse of 38 in MS62 for $8,050; 1842-0
small date in MS63 did not sell; 1852-0 in MS63
with nice toning hit $8,625, while an 1855-S jewel in
MS67 soared to $115,000. An 1856-S in MS63 with
light toning sold for $10,925, while an 1857-S in
MS61 with streaky toning hammered for $5,750. An
1866-S no motto in MS62 realized $12,650. An
1870-CC in MS62 that was well struck with beauti-
ful toning, and looked finer and tied with one other
as the finest certified, hit a magnificent $172,500.

An 1871-CC in MS62 with a proof-like obverse sold
for $17,550, while an 1872-CC in the same grade
sold for the same amount. An 1873 no arrows open
3 half in MS60 hit $20,700, while an 1873-CC no
arrows in MS64 sold for $25,875. An 1874-CC in
MS64 with lovely rim toning realized $57,500, while
an 1878-CC in MS65 with mottled toning still man-
aged $48,875. An 1878-S in MS63 with gold and
blue toning soared to $184,000.

The following dimes were all very nice, but
none sold: 1844, MS63, 1846, AU55, 1856-S,

MS63, 1859-S, MS65, and the finest certified, 1871-
CC, MS62, 1873-CC, AU55, and a choice coin. An
1858-S in MS62 did sell at $16,100.

An 1867-S quarter in MS 63 and one of the
two finest, with some dark peripheral toning hit
$20,700, while two 1870-CCs, the first with AU de-

(Continued on page 14)

201 I Volume 7, Issue 9 (September 2011)

Page 3

Seated Ponderings & More

By Paul Kluth, LSCC #1994

Any subscriber can submit questions or comments related to any numismatic topic re-
garding Liberty Seated Collecting. Send in your thoughts directly to the Editor at
wb8cpy@arrl.net — Paul Kluth

Question:

1 . As a follow-up to the ANA Convention, please tell us about your experience in
Chicago at the ANA. What was enjoyable and maybe not so enjoyable from a collecting
perspective?

2. For the Liberty Seated denomination(s) that you collect, what are your favorite
die varieties and/or die states?

For example, do you like to collect the top 25 die varieties for a denomination?

Or do you prefer collecting?:

a. Die Marriages

b. Double Dies

c. Repunched Dates or Mintmarks

d. Overdates or different size Mintmarks

e. Misplaced Dates

f. Rotated Dies

g. Other die varieties

Maybe you prefer EDS (early die states), the most perfect obverse/reverse dies
that likely exist, or LDS (late die states) where dies exhibit more imperfections including
clashed die and terminal die break conditions?

Wanted!!!

Exhibitors for the September Philadelphia Show

Please consider exhibiting your/part of your collection of Liberty Seated coins and/or
related numismatic books or material. You need not have a complete collector nor condition
census coins. Just having Liberty Seated coins will attract attention. Your efforts will enable
you to show off what you have and increase collector interest in our series.

Contact Dennis Fortier, the LSCC Northeast Regional Director, at ricajun@msn.com
for additional information or if you are interested.

Page 4

The E-Gobrecht

LSCC Annual Meeting (continued from page I )

Next, Bill Bugert, the editor of the E-Gobrecht, announced a new award for extraordinary merit in
contributions to the LSCC electronic newsletter, the E-Gobrecht. Greg Johnson, the author of the monthly
column “Quarter of the Month” won this award and was surprised when his name was announced. He ac-
cepted the award and graciously thanked the audience. Congratulations Greg for a well-deserved award!

2011

E-Gobrecht
Editor Award

Greg Johnson

for his monthly column

"Quarter of the Month"

Craig Eberhart and John Frost both provided updates to LSCC Regional activities. Complete details
are in Gerry Fortin’s column on the next page.

Bill Bugert then presented a draft listing of candidates for the Top Ten Liberty Seated half dollars.
Voting will be conducted concurrent with an upcoming issue of the Gobrecht Journal. Bill presented a list-
ing and asked for feedback on candidates for the listing. The slides are detailed below and everyone is wel-
come to comment to Bill at wb8cpy@arrl.net.

Criteria

• Top Ten Liberty Seated Half Dollars

• General guidelines - Design differences oniy

• No mintmark or date size variations

• No errors such as doubled dates, doubled dies, etc.

• Draft listing on next page - ballots will be
mailed to all club members

• Voting results to be published in Gobrecht
Journal

• Comments/feedback to Bill Bugert

0 ^ Candidate Listing

'^^0 Top Ten Liberty Seated Half Dollars

• 1839 No drapery

• 1855-S

• 1840 (0) Medium letters

• 1866-S No motto

reverse

• 1870-CC

• 1842 Small date, small

• 1873-CC No arrows

letters reverse

• 1874-CC

• 1847-0 Small date, small
letters reverse

• 1876-S Type 2 reverse

• 1850

• 1877 Type 1 reverse

• 1851

• 1878 Type 1 reverse

• 1852

• 18780C

• 1853-0 No arrows and

• 1878-S

rays

3

Greg Johnson discussed an upcoming survey on the top twenty five quarters. More details will be
announced in an upcoming Gobrecht Journal. Bill Bugert then presented an overview of early New Or-
leans Half Dollars. President McCloskey discussed dwindling submissions of articles to the Gobrecht Jour-
nal and asked for member contributions. He suggested stories of memorable purchases of Liberty Seated
coins and asked for articles by September 10, 201 1 (see a copy of his letter on page 11).

Brad Karoleff wrapped up the club meeting with a very entertaining benefit auction of donated
items (see auction items on page 10.). If you’ve never participated in one of his auctions, you are missing a
truly memorable event. Many thanks. Brad. After the auction, the meeting formally adjourned.

201 I Volume 7, Issue 9 (September 2011)

Page 5

Regional News

by Gerry Fortin, LSCC #1054

Dear fellow LSCC members,

I This edition of the LSCC re-
gional news is written in the
I aftermath of Irene and its
heavy rains and Northeast
flooding. In Southern Maine, we experienced
tropical force winds and luckily suffered little
damage other than a favorite maple tree having its
leaves shredded. Diane is presently dealing with
power and cable outage that I’m sure will last sev-
eral dates given our remote location in Raymond.

I hope that all LSCC members on the East Coast
were fortunate and escape serious properly damage
from winds and flooding.

As mentioned in the August regional
news column, the first half of September features
three LSCC regional meetings each spaced one
week apart and located in the east, central and west
regions. Since the Ohio CONA show is occurring
during the September E-Gobrecht release, let’s fo-
cus on the Long Beach and Whitman Philadelphia
regional meetings. West Regional Director, Craig
Eberhart, sent along a brief summary describing
the September 9 Long Beach regional meeting ac-
tivities. Craig writes, “The LSCC west regional
meeting will be held on Eriday September 9 at the
Long Beach Coin, Stamp, and Collectible Expo.
The meeting will be in Room 102C and start
promptly at 9:00 am. Introductions will be first,
followed by a short discussion of the Chicago
ANA meeting, my presentation on "Seated Coins
of New Orleans", and other issues for discussion.

I hope to see a good turnout of members at the
"Beach!”

lectors Club Society. Northeast Regional Director
Dennis Eortier is teaming with John Erost and
sharing a complimentary club table on the bourse
floor from Thursday through Saturday. Table
number is 656 for LSCC members that wish to
stop by and discuss Seated and Barber coinage.
Dennis Eortier writes, “I will have some CC seated
halves as well as both the first marriage and the re-
marriage of the 1841-0 Baseball Die Crack and
John Erost will have rarities of other seated series.

I also have two newspapers from 1836 with an-
nouncements of the new Gobrecht Dollar and
Seated Half Dollar. In the same newspapers, we
can also read Andy Jackson's state of the Union
address and the progress of the Seminole war. At
the September 16 joint LSCC and BCCS regional
meeting, a presentation entitled Collecting Carson
City Seated Halves on a Budget, will be featured
along with one additional presentation. We will
also kick the tires on a 40th Anniversary medal for
the club that was approved at the ANA and hope
for another strong turnout as in Manchester, NH!

There are no regional meetings scheduled
for October but in November, our Directors are
scheduling regional meetings in Boston and Balti-
more. The Boston meeting is in conjunction with
the Bay State Show and is schedule for November
12. Immediately following Bay State is the fall
installment of the Whitman Coin and Collecting
Expo and a regional meeting planned for Novem-
ber 18. LSCC Treasurer and Secretary Len Augs-
burger is coordinating preparations for Seated Eest,
a public display of well noted Liberty Seated coin-
age sets across all denominations. More on this
matter in the October E-Gobrecht.

On the heels of Long Beach, September 15-
17 finds the LSCC at the Whitman Philadelphia
show in another joint event with the Barber Col-

The E-Gobrecht

The Budget Collector:

Seated Deals & Steals
Under a Hundred Dollars

Seventieth in a Series

by Len Augsburger, LSCC #1 271

ANA Report (LSCC version)

There was no flying to the ANA Convention this
year, for I live in the northern suburbs of Chicago
and the convention center is only half an hour away
by car. I compensated by scheduling way too many
coin activities for the week, but somehow they all
got done. Monday was exhibit setup day - 1 dis-
played a easeful of tokens and medal related to
Christian Gobrecht. I did not expect to win an ex-
hibit prize, and as far as that goes things turned out
as expected - the more important purpose was to at-
tract any potential sellers of Gobrecht-related mate-
rial! It took until Thursday, but around lunchtime
someone came around with an inventory list of very
delectable material. It wasn't for sale, but a good
contact was made and perhaps someday we'll make a
deal.

Tuesday I worked as a table assistant for
seated and bust dealer Rich Uhrich. Things went
swimmingly during dealer setup time as a few of
Rich's regular suppliers came by with lots of goodies
for sale. The buying was going well, but the selling
had problems, for Rich's security service was having
difficulty getting his inventory onto the show floor.
After a few heated phone calls the coins landed on
the show floor mid-morning and we hastily un-
packed everything into the display cases. I got to
chat with a number of seated quarter (my specialty)
enthusiasts and table activity was brisk throughout
the day. At the end of the day Rich paid me (it was a
lot of fun - 1 would do it for free, don't tell Rich!)
and invited me to his staff and suppliers dinner later
in the week.

Thursday morning we held the annual meet-
ing for the LSCC (I believe Bill Bugert is providing
a full report elsewhere in this issue), the highlight
being the election of Randy Wiley into the LSCC
Hall of Fame. Randy, not to mention his compre-
hensive knowledge of the seated half series, authored
a landmark work on the 1861-0 half dollar - 1 think
it is fair to say that this is the most popular series of
articles ever written in the Gobrecht Journal, for
which I continually get reprint requests. Gerry
Fortin took the Ahwash award for best article in the
Gobrecht Journal for the club year 2009-2010. Greg
Johnson was awarded the first ever E-Gobrecht
award recognizing his contributions to our online
newsletter. The meeting concluded with a energetic
auction hosted by Mr. Brad Karoleff, and I will not
try to describe it - if you've seen Brad in action you
know what I am talking about. If not, try to come to
the annual meeting next year in Philadelphia!

$1,905 was raised for the club treasury, and a big
thanks goes to all the bidders and to those who do-
nated auction lots.

Thursday evening was the highlight on the
convention for seated collectors as the Dick Osburn
collection of MS Liberty Seated halves headlined
Stack's-Bowers Rarities Night. The auction room
was literally electric - very crowded (the great spread
Stack's put on definitely helped) with hardly a seat
available. Chris Karstedt of Stack's invited Dick to
say a few words before the sale started. Dick was
present with his two sons and wife, who admitted
that she was more than a little bit nervous! Sales
were good, and will be reported elsewhere in this
issue. The big coins were the 1870-CC ($150K ham-

(Continued on page 13)

201 I Volume 7, Issue 9 (September 2011)

Page 1

Quarter of the Month

by Greg Johnson, LSCC #1460

The 1840 With Drapery Large O
quarter (which I will abbreviate
as 1840 WD LgO) was called the
“rarest collectible seated quarter”
in The Comprehensive Encyclo-
pedia of United States Liberty
Seated Quarters. There were 16 confirmed exam-
ples at the time of the book’s publication in 1991.
Since then a number of examples have surfaced with
current estimates at about 40 pieces in all grades and
conditions. It is a well-known and highly regarded
variety pairing the newly introduced with drapery
obverse and a reworked reverse previously used to
strike no drapery quarters at the New Orleans mint.

It can accurately be referred to as an important tran-
sitional coin. The 1840 WD LgO quarter was voted
number 7 in the Liberty Seated Collectors Club sur-
vey of the 10 greatest New Orleans seated coins
(Gobrecht Journal Issue 101), finishing as the third
highest rated quarter in the group behind the 1849-0
(#3) and the 1842-0 Small Date (#6). It was in-
cluded as coin #2 in the Top 25 Seated Quarter Va-
rieties described in Gobrecht Journal #111. This
month’s column will provide some additional photo-
graphs of the variety, a photographic summary of the
other 1840-0 seated quarter die pairings, and some
speculation regarding the minting of these coins.

©2004 HeritageCoinxom

Figure 1. No Drapery Obverse 1

There are five known die pairs for the 1840-
O quarter. The two no drapery obverses and two no
drapery reverses continued the die style used in
Philadelphia during 1838 and 1839and were pre-
sumably used early during 1840. Figure 1 shows no
drapery obverse 1 as paired with no drapery reverse
A, illustrated in Figure 2. Coins from this die pair
are known as the “mintmark left” variety. No drap-
ery reverse B, shown in Figure 3, features a dramati-
cally different mintmark position from reverse A.

The two no drapery varieties are thus quite easy to
distinguish. The only known no drapery die pairs are
1-A and 2-B; neither obverse die appears to have
been paired with more than one reverse.

©2004 HeritageCoinxom

Figure 2. No Drapery Reverse A
(Mintmark Left)

A new with drapery obverse die apparently
arrived part way through the year (most likely in
June). The no drapery reverse B was reworked and
paired with the new with drapery obverse. The rea-
son for this is not obvious since according to mint

(Continued on page 9)

Page 8

The E-Gobrecht

Available Now!

The latest volume in Bill Bugert’s half dollar series of books ...

A Register of Liberty Seated Half Dollar Varieties
Volume III, New Orleans Branch Mint,
1840-0 to 1853-0 No Arrows

Details all known early New Orleans Mint
Half dollar die marriages (21 7)

531 pages (8.5” x 11”)

1 ,994 photos (most oversized)
Massive 5.3 pounds
Detailed descriptions
Photo diagnostics
Rarity ratings and more
Special edits by Randy Wiley

A REGISTER OF
LIBERTY SEATED
HALF DOLLAR VARIETIES

Volume III

byBILLBUGERT

W'th special edits by and consultations with K,andy \fsl'\\cy

Available now!

Price: $70 postpaid and available in two formats: plastics comb binding and 3-hole punched
ready for your notebook. Please specify your choice.

Order directly from the author at: Bill Bugert

1230 Red Rock Road
Gettysburg, PA 17325-6927
wb8cpy@earthlink.net
(717) 337-0229

Or order from Rich Uhrich Rare Coins at www.richuhrichcoins.com .

Many thanks!

201 I Volume 7, Issue 9 (September 2011)

Page 9

Quarter of the Month (Continued from page 7)

Figure 3. No Drapery Reverse B

cords a new reverse die was shipped with the new
obverse. Figure 4 shows a with-drapery obverse and
Figure 5 the reworked no drapery “large O” reverse
that was paired with the with drapery obverse. Note
the second set of hand cut denticles and the pro-
nounced weakness on the right feather and left leg of

@2005 Heritage Galleries

Figure 5. With Drapery Large O Reverse (A)

Figure 6 . With Drapery Small O Reverse (C)

Figure 4. With Drapery Obverse 2

ea-
gle. All known examples of the 1840 WD
LgO have this weakness on the reverse and when

certified are frequently undergraded because of it.

The first with drapery obverse that was
paired with the large O reverse was also paired with
a small O reverse (that die - Briggs reverse B - is not
illustrated here). The final New Orleans mint die
pair of 1840 is Briggs 2-C illustrated in Figures 4
and 6. Interestingly, reverse C was re-used in 1841
(or more likely in December 1840) to strike the first

(Continued on page 13)

Page 10

The E-Gobrecht

Results of the LSCC Benefit Auction

At the Chicago World’s Fair of Money LSCC annual meeting on August 18, 201 1, the officers of the LSCC
conducted an auction of miscellaneous interesting numismatic items to benefit the club’s Treasury. The re-
sults were record breaking ($1,905) and we wish to thank the item donors and the auction participants; the
funds will be used in efforts to promote the club and its activities. Here are the prices realized for the auction

THE

GOBRECHT

KWRNAL

Pot CoHkTM*
et rtit

UBBftTT SEJiTDB C(NH SCREEN

Original edition of Gobrecht Jour-
nal #1 . Donated by Len Augs-
burger, $150.

Unique 1858 Liberty Seated half
dollar, attractively counterstamped
“2011 LSCC”, stamped and do-
nated by Bill Bugert, $75.

STA.MUf.tTJlt'J W ‘Ifis fflrng

Original document entitled
“Report of the Examination of the
Branch Mints at San Francisco and
Carson City, November 19, 1872.”
Donated by Rich Uhrich, $130.

1873 Trade Dollar, as featured in
the E-Gobrecht Volume 7, Issue
#1. Donated by Len Augsburger,
$ 100 .

Hardcover display books (two
book set in hardcover slip case) of
Eugene Gardener’s Liberty Seated
Quarter Collection. These books
detail every LS quarter in Gene’s
collection with outstanding over-
sized photographs and narratives.
Donated by Gene Gardner, $700.

1872 Liberty Seated dollar, NGC
certified VF details, as feature in
E-Gobrecht Volume 7, Issue #3.
Donated by Len Augsburger,
$ 100 .

Deluxe leather bound copy num-
ber #10 of 10 of “A Register of
Liberty Seated Half Dollar Varie-
ties, Volume III, New Orleans
Branch Mint, 1840-0 to 1853-0
NA.” Donated by Bill Bugert,
$650.

201 I Volume 7, Issue 9 (September 2011)

Page 1 1

Handout at the LSCC Annual meeting

LIBERTY SEATED

COLLECTORS CLUB

Publishers of the GOBRECHT JOURNAL

August 18, 2011

The Liberty Seated Collectors Club introduced the Gobrecht Journal in the fall of
1974 and has published three issues of the journal each year for the past 37 years. The
original objective of the club was to provide a publication where collectors of the Liberty
Seated series could report their observations on Seated coinage for the benefit of other
collectors of 19^^ century silver coins.

Over the years the quality of the articles presented in the journal has improved
dramatically as numismatic scholars have reported their observations and opinions from
sophisticated research studies on Seated coinage. Sadly, contributions by the majority of
club members reporting their experiences at shows or their good fortxme at finding some
unusual or rare Seated coin have decreased dramatically over the years. 1 would like to
see the journal return to its original objective and once again include human interest
stories presented by club members on their rewarding experiences with Seated coinage.

I propose the following exercise for club members attending this annual meeting of
LSCC. I would like to ask all those in attendance to prepare for publication in the
Gobrecht Journal a short story describing a memorable purchase of a Seated coin from
your collecting experiences. This contribution can vary from a single paragraph to
possibly two pages in length. It could be something like the satisfaction you experienced
at purchasing the last coin to reach a collecting objective, the purchase of a rare date coin
or a rare variety that you had searched for over many years, the purchase of an error coin
that you didn’t even know existed or any other experience to show the joys that one can
experience at collecting these beautiful silver coins from the 19* century.

You may complete a paragraph on the back of this page and return it to me after the
meeting or send it to me by email at John.McCloskey@notes.udayton.edu. I will also
accept contributions at my postal address imtil September 10, 201 1 :

John McCloskey
President LSCC
5718 King Arthur Dr.
Kettering, Ohio 45429

Page 12

The E-Gobrecht

Miscellaneous ANA photos

Dick Osburn saying a few words before the auction of his half dollars (above right) and Chris Karstedt of
Stack’ s-Bowers calling a lot in his sale (upper left)

LSCC Vice President Bill Bugert at the club table (left) and LSCC President John McCloskey discussing
Gobrecht Journal Collective Volume #6 at the annual meeting (right)

201 I Volume 7, Issue 9 (September 2011)

Page 13

Budget Collector (Continued from page 6)

mer) and 1878-S ($160K hammer). If you've been
doing this awhile, you know that an auction of seated
material like this only happens every few years - so
you have to take your chances when you get them.
Best wishes to Dick and Ruth! Note, Dick retains
his large set of seated half dollar varieties, which will
no doubt keep him out of trouble for a few more
years.

Saturday was the next big day on the seated
calendar - Stack's had a nice run of seated quarters in
their Saturday sale. The timing on Saturday had a
few of the consignors concerned - would the prices
hold up with everyone leaving town? By and large
they did. I managed to score the 1847-0 quarter in
PCGS AU58, an upgrade to the current coin I have.

I pulled the duplicate coin out of the bank with the
intention of selling it, but it is a nice EF coin I got
long ago from Brian Greer and is hard to let go of!

I'll enjoy studying the coin a bit more before the next
show. It is a Briggs 1- A per the mintmark place-

ment, but doesn't seem to quite match the other die
characteristics for a 1-A, so I'll call it an "early die
state" until I look at a few more of them. The other
thing I like about this particular example is that it is
not as flatly struck as many 1847-Os come.

Saturday afternoon I packed up the Gobrecht
exhibit and headed home. On the way out I swung
by the LSCC table to pickup any remaining litera-
ture. The LSCC hosted a club table at the ANA this
year, which was well received. We handed out lit-
erature to prospective members and provided a loca-
tion for LSCC members to meet up and visit. The
ANA provided club table space at an attractive price,
and we'll try this again next year in Philadelphia -
hope to see everyone there!

Quarter of the Month (Continuedfmmpage9)

1841-0 quarters and is dubbed reverse A for 1841.

Note that the emission sequence proposed
here is speculation based on research and insights
published by Randy Wiley in issue #99 of the Go-
brecht Journal. There is not hard evidence to prove
that the coins were, in fact, produced in such a se-
quence, but the sequence is both plausible and con-
sistent with what is known. That sequence is : 1) No
Drapery Mintmark Left (Briggs 1-A); 2) No Drapery
Mintmark Centered (Briggs 2-B); 3) With Drapery
Large O (Briggs 1-A) - reverse die reworked No
Drapery reverse B; 4) With Drapery Small O (Briggs
1-B)- same obverse die as the 1840 WD LgO; and
5) With Drapery Small O (Briggs 2-C).

The year 1 840 is a most interesting one for
collectors of seated coinage, with many transitional
coins, mules, experiments, mistakes and other varie-

ties to study. Anyone with a particular interest in
this year is strongly encouraged to read “The New
Orleans Branch Mint in 1840” by Randall Wiley in
Issue #99 of the Gobrecht Journal.

References used in this article

• The Comprehensive Encyclopedia of United
States Liberty Seated Quarters, Larry Briggs,
Lima OH 1991.

• The New Orleans Branch Mint in 1840, Randall
Wiley, Gobrecht Journal Issue #99, pages 3-14.

• The Ten Greatest New Orleans Seated Coins,
Gobrecht Journal Issue #101, 53-57.

• The Liberty Seated Quarter Top 25 Variety Set,
Greg Johnson, Gobrecht Journal Issue #111,

pages 3-27.

• Photos courtesy of Heritage Archives.

Page 14

The E-Gobrecht

Upcoming LSCC Events

Central Ohio Numismatic Association, Dublin, OH, September 3, 10 A.M., Room 105.

Pleaser contact Steve Petty for more information at stephenpettv @ sbc global.net.

Long Beach Coin, Stamps, and Collectibles Expo, Long Beach, CA, regional meeting, Septem-
ber 9, 9 A.M., Room 102C. Please contact Craig Eberhart for more information at craig@eberhart.us .

Whitman Coin and Collectibles Expo, Philadelphia, PA, regional meeting, September 16, 9
A.M., Room 208. Please contact Dennis Fortier for more information at ricajun@msn.com.

Club table is 656.

Auction News (Continued from page 2)

tails, but cleaned and toned back, hit $24,238, while
an XF detail with the same description did not sell.
An 1872-S in MS63 ex-Eliasberg sold for $20,700.

An 1839 no drapery half dollar in MS65, but
very weak on the left reverse, did not sell. Two
coins from my collection, an 1870-CC half in AU50
and an 1873-CC no arrows in MS63 did not sell. An

1878-S half that was an original F15 soared to
$51,750.

An 1871-CC dollar in MS63 with golden ton-
ing rang the bell for $126,000, while an 1873-CC in
VF20 with only L-TY showing realized $18,400.

An 1878-CC trade dollar in MS61 that was
well struck but had a number of wispy abrasions still
managed $18,400.

Reflections on the sale of Dick’s Halves

by Bill Bugert, LSCC #455

As many of you know. Stack’s- Bowers auctioned the
fabulous Mint State Liberty Seated half dollar eollee-
tion of Diek Osburn in conjunetion with Chicago
ANA World’s Fair of Money Rarities Night sale on
August 18, 201 1. Dick auctioned his complete
date/mint Mint State colleetion and ineluded some
major varieties and patterns.

I was very fortunate and honored to sit next
to Diek during the auetion while he was flanked by
his wife, Ruth, and his two attending sons (see photo
on page 12). At approximately 5 P.M., Dick opened
the auetion when Chris Karstedt of Staek’s-Bowers,
who did an excellent job of calling the auction, asked
Dick to say a few words. The auction of 152 lots
then commenced and quickly ended less than two
hours later. The room was filled to capaeity with
participants sitting everywhere including all avail-
able floor space. In a casual look around the room, I

noticed many LSCC members including, but not lim-
ited to. Rich Uhrich (who sat to my left), Len Augs-
burger, Brian Greer, Craig Eberhart, Greg Johnson,
Dave Thomas, Q. David Bowers, Carl Feldman,
Dennis Hengeveld, Karl Moulton, and Steve Tomp-
kins. My good friend and colleague, Randy Wiley,
was unable to attend and I am sorry he missed this —
he would have enjoyed it immensely.

As the lots were ealled, I reeorded the open-
ing bid, winning bid and the bidder number. I knew
many bidders but many lots were awarded to phone
and internet bidders so their identity was unknown
on the floor. Of note was the winner of the 1878-S
PCGS MS 63 half dollar (hammered at $160,000)
who also won the 1865-S NGC MS64 and the 1872-
S PCGS MS64.

This was a truly memorable event that will go
down in history as a major Liberty Seated event.

201 I Volume 7, Issue 9 (September 2011)

Page 15

Free Advertisements

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Dr. Eugene Bruder is constantly updating his
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Pictures are generally available for all coins, and
can be obtained if not posted. He will also take
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1879-1890 Quarters and Halves Wanted to Buy:

I'm looking for Philadelphia mint 1879-1890 quar-
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Brian Greer, well known dealer, collector, and
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Rare Coins for Sale: Since 1979, David Law-
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currency, and stamps for sale and auction. We are
also interested in buying or selling your coins at
auction, http://www.davidlawrence.com or phone
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FUN, CSNS

I am still lookina for those Liberty Seated
Quarter Cuds & major Rotated Dies ; Cuds,
shattered dies and significant rotations on other
U.S. series of interest too. Please reply directly to
Paul Kluth at pcmdmp@msn.com or 443-259-
7134. Hey, thanks for reading my ad..

Rotated Reverse Seated Dimes Wanted: I am

looking for rotated reverse Liberty Seated dimes.
Any interested parties can email Jason Feldman at
jason@seated.org

Wanted to Buv: Nice, problem- free bust and
seated material. We specialize in affordable col-
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Seated Dime Die Varieties Wanted: I am paying
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Two Half Dollar Die Variety Books for Sale:

• A Register of Half Dollar Die Varieties, Vol-
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• A Register of Half Dollar Die Varieties, Vol-
ume II, Carson City Branch Mint

Copies of either are available now available in 3-
hole punched format (ready for your binder) or
plastic comb binding format each from two
sources:

http://www.richuhrichcoins.com/

http://www.dickosburn.com/

Liberty Seated Collectors
Club

Contact Infornnation:

President and
Editor, Gobrecht Journal

John McCloskey

John.McCloskey@notes.udayton.edu

Vice President and
Editor, E-Gobrecht

Bill Bugert
(717) 337-0229
P.O. Box 3761
Gettysburg, PA 17325
wb8cpy@arrl.net

Secretary / Treasurer

Leonard Augsburger
(847) 816-1649
P.O. Box 61 14
Vernon Hills, IL 60061
leonard_augsburger@hotmail.conn

LSCC website:

http://www.lsccweb.org

National Officers

LSCC

To encourage, promote, and dispense numismatic
knowledge of the Liberty Seated coins; to culti-
vate fraternal relations among its members and
all those interested in the science of numismatics.

LSCC Membership Information. Dues are still
$20 per year and include three issues of the
Gobrecht Journal, an award winning numis-
matic publication. To join the Liberty Seated
Collectors Club, for Gobrecht Journal mailing
address changes, or for other membership
questions, correspond with the LSCC Secre-
tary.

Articles, comments, or advertisements for pub-
lication in the Gobrecht Journal m ay be ad-
dressed to the LSCC President.

Gerry Fortin

wuximems@hotmail.com

Director,

LSCC Technology and Marketing

Information, input, comments, or suggestions
for improvements to this E-Gobrecht are ac-
tively solicited from anyone and may be sent to
the Editor, E-Gobrecht

Dennis Fortier
ricajun@msn.com
Director,

LSCC Northeast Region

Jason Feldman
Jasonfeldman@gmail.com
Director,

LSCC Southern Region
Steve Petty

stephenpetty@sbcglobal.net

Director,

LSCC Central Region

Craig Eberhart
craig@eberhart.us
Director,

LSCC Western Region

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Please consider submitting something for print It need
not be elaborate; it can be something as simple as a
short note on your favorite variety, neatfmd, nice
cherry pick, happenings at a coin show, rare Liberty
Seated coinage coming up for auction, etc. If you are
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